Ally Financial Inc.’s long-time Chief Financial Officer Chris Halmy is retiring from his post in March as Jenn LaClair steps up to take his place, the company announced in a press release today.
LaClair, 46, will take on the role of chief financial officer designate, effective Dec. 18, until the transition is complete.
At 49 years old (according to a Bloomberg executive profile), Halmy is poised to remain active in retirement. He recently joined as a board member for the clean energy financing company Mosaic Inc.
“Chris has been a driving force in nearly every important and transformational initiative we’ve successfully undertaken as a company,” said Chief Executive Jeffrey Brown. “From funding the business during the height of the financial crisis, to our initial public offering, to our efforts to grow and diversify Ally with new lines of business and offerings, he has been instrumental.”
LaClair comes from a 10-year stint at PNC Financial Services Group Inc. where she was CFO and most recently head of business banking. She has dealt with all of PNC’s lines of business, and in her most recent role she set strategy, drove performance, and managed risk.
“Jenn brings significant experience from the financial services industry which will be key as we accelerate our growth and evolution as a leading digital financial services company,” Brown said. “Beyond her deep financial acumen is a strong cultural fit with the leadership team which will enable a seamless transition with Chris.”
